Statoil is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo.
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Statoil was required to discuss important issues with the Minister of Industry, later Minister of Petroleum and Energy.
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Statoil was required to submit an annual report to the parliament.
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Statoil built up a network of stations in part of Eastern Europe in the 1990s.
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Under the agreement, Statoil became a partner on six offshore licenses, as well as expanding biofuels production.
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In 2007, Statoil bought a large area in the Athabasca oil sand field in Canada after purchasing North American Oil Sands Corporation for $2.
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In 2009, Statoil launched the world's first operational deep-water floating large-capacity wind turbine, Hywind.
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On 7 April 2010, Statoil announced finding oil and gas reserves in the Fossekall prospect just north of the Norne oil field in the Norwegian Sea.
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In 2016 Statoil sold the Leismer oil sand operation in Canada to Athabasca Oil.
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In June 2013, Statoil announced a funded joint venture with Petrofrontier Corp.
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In 2016, Statoil acquired a $3m share of a US wind turbine leasing company.
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Statoil expects oil demand to peak in the 2020s, and continually decline thereafter due to electric transportation.
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On 15 March 2018, Statoil announced that it would change its name to Equinor following approval by the annual general meeting.
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Statoil has processing plants at Kolsnes, Karstø, Mongstad, Tjeldbergodden, and Melkøya.
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Statoil has offices that are looking for possible ventures in the countries of Mexico, Qatar and the United Arab Emirates.
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In 2006, Statoil was given approval to implement the world's largest carbon sequestration project as a means to mitigate carbon emissions to the atmosphere.
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In September 2007 Statoil acquired all Nordic Jet stations and continued to use the brand name until 2014 when the Nordic stations were rebranded to the new brand name Ingo.
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In March 2011, Statoil halted work on two North Sea oil field projects and laid off thousands of people due to a £2 billion U K tax on the sector.
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In June 2014, Statoil announced it had completed a 12-month exploration program of its Castberg license project in the Arctic and found less-than-expected oil reserves.
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Statoil was an official sponsor of the 2011 FIS Nordic World Ski Championships that was held in Oslo.
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